Last post on Dec 26, 2012 at 5:13 PM
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Car Buying, Car Warranties, Certified Used (CPO)
#38 of 46 Re: Saab Bankruptcy - warranty? [robr2]
Dec 22, 2011 (7:46 am)
thanks robr2....figured as much
Would like to then render my lease agreement null & void!
#39 of 46 Re: Saab Bankruptcy - warranty? [penn2]
Dec 22, 2011 (7:52 am)
Good luck. Your lease agreement is still with Ally. I doubt very much they'll let you out of the lease.
BTW, I presume you got a screaming lease deal.
#40 of 46 Re: Saab Bankruptcy - warranty? [robr2]
Dec 22, 2011 (7:56 am)
HA! I did.....and that alone should have made me suspicious LOL. Lesson learned
#41 of 46 Re: Saab Bankruptcy - warranty? [penn2]
Dec 22, 2011 (5:33 pm)
I would guess you have solid grounds for getting out of your lease.You agreed to pay "x" in exchange for a car which among other things had a warranty and a maintenance agreement.Since neither of those conditions exist anymore (through no fault of yours) I would think you have signifcant grounds for terminating the lease or,at a minimum, receiving compensation for the loss of warranty and maintenance contract.
#42 of 46 Re: Saab Bankruptcy - warranty? [jproc]
by Mr_Shiftright HOST
Dec 22, 2011 (7:43 pm)
That would be nice but I'm not so sure. The leasing company just bought the car from the factory, to lease to the leasee. They aren't providing the warranty. In theory, the leasing company could argue that they are just as aggrieved as the leasee, since they will one day own the car.
#43 of 46 Re: Saab Bankruptcy - warranty? [jproc]
Dec 23, 2011 (7:53 am)
Thanks jproc -- I would want to believe that as well .... a lot still needs to be worked out at the dealer level so , anything is possible
#44 of 46 Saab & Ally lease
Mar 05, 2012 (6:18 pm)
Has anyone with a Ally lease had any success voiding the lease? The lease includes full manufactures warranty which is now void with the bankruptcy. Since Ally owns the car, seems they should be willing to void the remaining lease contract. Twice I called Ally and their customer service department said they will cover any possible warranty claims. Also twice, Saab dealers said not true, as they have no way of getting paid. I think Ally should have this problem, not the customer since they own the car and checked the box on the lease offering full manufacturers warranty. Anyone else battled this?
#45 of 46 Re: Saab & Ally lease [craigosaab]
Mar 05, 2012 (7:15 pm)
craigosaab- yes, have exact same battles with Ally Customer service to void lease...and no, have had no luck whatsoever. Have tried 4 different times since announcement of bankruptcy. Same run-around. They don't seem really equipped to deal with the situation. Either that or they're great at avoidance. They told me they WOULD cover warranties and gave an 800 # for my Saab dealer service manager to call. He did and was told they could not help. Extremely frustrating. I am just one year into a 3 year lease and while I believe it's a solid car, it could be a ticking financial bomb.
#46 of 46 denied warranty coverage?
by steve_ HOST
Dec 26, 2012 (5:13 pm)
If you were recently denied auto warranty coverage for a surprising reason, please email PRedmunds.com no later than Wednesday, January 9, 2013 to tell your story to a reporter.